{"id":3703262,"url":"https://alion.io/job/lloyds-banking-group-actuarial-apprentice-bristol","title":"Actuarial Apprentice - Bristol","company":{"id":449907,"name":"Lloyds Banking Group","domain":"lloydsbankinggroup.com","url":"https://alion.io/company/lloyds-banking-group","size_band":"5000+","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Workday","truth_index":{"grade":"A","score":100,"open_postings":7,"ghost_share":0,"stale_share":0,"repost_share":0.286,"time_to_fill_p50_days":15,"computed_at":"2026-11-09T06:03:00Z"}},"role":"Early Careers","role_family":"Early Careers","seniority":"intern","employment_type":"internship","work_mode":"hybrid","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Bristol, United Kingdom"],"countries":["GB"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":null,"experience_years_min":null,"visa_sponsorship":true,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Power BI","optional":false},{"name":"Python","optional":false}],"status":"live","first_seen_at":"2026-11-03T20:18:13Z","employer_posted_date":"2026-11-03","last_verified_at":"2026-11-09T06:06:39Z","board_verified":true,"closed_at":null,"days_open":5,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":5},"description":"Please note, this site is only for external candidate applications. If you currently work for Lloyds Banking Group please apply via the internal career site.\nPlease note: In order to complete an apprenticeship there needs to be a significant learning need. You need to consider your previous qualifications or significant relevant work experience which may mean you cannot proceed with this application.\nEnd Date\nTuesday 12 January 2027We support flexible working - click here for more information on flexible working options\nFlexible Working Options\nHybrid WorkingJob Description Summary\nPrior to submitting your application, please visit our early careers website to find out more about the programmes we offer and the recruitment journey: www.lloydsbankinggrouptalent.com.Our apprenticeship programmes may close early if we receive a high number of applications, so it’s best to apply as soon as you can.\nIf you have any questions, please do contact the team at \nJob Description\nDuration: 5 years\nSalary: £27,400\nLocation: Bristol\nStart: September 2027\nQualifications: Study for a level 4 Actuarial Technician followed by a degree level programme. Training and costs will be taken care of.\nPredict the future. And protect it\nLove maths and critical thinking? Step this way.\nMake sure our insurance decision makers have all the facts and stats they need. Help us keep on the right track while protecting 28 million customers.\nActuaries don’t have crystal balls. But they do have sharp brains, serious maths skills and the tech to see around corners. They’re the people who spot what’s coming - from how long people might live, how often accidents might happen, to how markets may behave and shift.\nThey make sure the financial promises we make today still stand decades from now.\nAnd if you join us as an Actuarial apprentice, you won’t just watch it happen. You’ll be in the mix, shaping the big calls sooner than you think.\nYour all - access pass to Actuarial\nThis is your pass to experience one of the most influential careers in Finance.\nYou’ll rotate through different teams, spending about 18 months in each. Each placement gives you the chance to build hands-on experience and see just how broad and impactful actuarial work can be.\nYou could be:\nPricing insurance, pensions and investments using specialist techniques to make sure we’re fair and competitive.\nCalculating reserves and capital so we can pay out future claims when our customers need us most.\nUsing actuarial and statistical modelling techniques to understand and prepare for a wide range of risks.\nDesigning and developing actuarial models and software to predict outcomes and guide decisions.\nAnalysing past data and trends to set smart assumptions that power our models.\nOptimising investment strategies to keep us aligned with regulatory requirements and risk appetite.\nExplaining complex concepts to stakeholders and presenting financial results that influence strategic thinking.\nAnd yes, sometimes it’ll be your job to translate all that into plain English for colleagues and leaders. (Because not everyone speaks fluent “actuarial.” Yet.)\nSkills for now. Skills for life\nYou’ll nail how to create, verify and review accurate, timely financial information while working with the latest and greatest tools and tech: Excel/VBA, Python, R, Prophet and Power BI.\nAlong the way, you’ll level up your maths, problem-solving, data storytelling and communication skills. And get the confidence to explain complex ideas simply (which is super useful for any career).\nWe’re modernising how we work, too. Creating a more agile, automated and insight-driven environment. You’ll be part of that transformation, helping us improve how we use data and models across the business.\nAnd because we believe talent belongs in the spotlight, you’ll have plenty of chances to show what you can do. Whether that’s finding a smarter way to run a model or presenting your insight to the people making the big decisions.\nYour future, fully funded\nYou’ll start earning a good salary from the moment you join, while working towards the level 4 Actuarial Technician apprenticeship.\nFrom there, you’ll move on to a degree-level programme with the Institute and Faculty of Actuaries (IFoA) - and could go all the way to Fellowship status, with high earning potential and strong long-term career prospects.\nYour training - fully funded with a generous study package: study days, tutorials, materials, exams and professional subscriptions - the whole kit and kaboodle.\nPlus, you’ll be backed by mentors, local education leads and a close-knit actuarial community that’s ready to help you smash it.\nBy the end, you won’t just understand actuarial work. You’ll have the skills, qualifications and confidence to make a career-defining impact. And you’ll have played a vital role in Helping Britain Prosper.\nRequirements\nWhat you’ll need\nYou’ll need to be at least 18 years old on 1st September 2027\nGCSE at grade 4-9 in both Maths and English (achieved)\nYou’ll need a minimum of 104 UCAS Tariff points, including a B in A-level Maths (these grades can be predicted, but any offer made to you will be conditional upon successful achievement of these qualifications)\nThese grades can be predicted, but any offer made to you will be conditional upon successful achievement of these qualifications\nImportant information\nAn additional requirement for the apprenticeship position is that you must currently possess a valid Right to Work in the UK. Your visa end date must extend beyond the duration of the apprenticeship programme, which will last up to five years.\nDue to Home Office requirements regarding Skilled Workers, we’re unable to accept applications for visa sponsorship for our apprenticeship roles as the proposed salary for the role does not meet the minimum threshold - if this situation applies to you, please consider looking for other vacancies which may be more suitable.\nLocation\nThis apprenticeship is based in Bristol, and you will be expected to work from the Bristol office throughout the programme. While our hybrid working policy requires office attendance at least two days per week (40% for full-time colleagues), apprentices are expected to be in the office most days during the initial settling-in period.\nIf your commute exceeds 1.5 hours, we strongly recommend relocating closer to the office to ensure consistent attendance in line with contractual and hybrid working expectations.\nAbout working for us\nOur ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities and we’re committed to creating an environment in which everyone can thrive, learn and develop.\nWe were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative.\nWe offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.\nWe provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.\nSalary\nYou will join us on a fixed apprenticeship salary. Upon successful completion of the apprenticeship, you will be re-graded, with your pay range consistent with the job family for your business area.\nWe also offer a wide-ranging benefits package, which includes:\nA generous pension contribution of up to 15% \nAn annual performance-related bonus \nShare schemes including free shares \nBenefits you can adapt to your lifestyle, such as discounted shopping \n22 days’ holiday, with bank holidays on top \nA range of wellbeing initiatives and generous parental leave policies \nThe closing date to apply for this opportunity is 12th January 2027\nOur roles generate a lot of interest and occasionally we need to close for applications earlier than originally advertised. If you think working with us could be right for you, please apply now and see where an apprenticeship with us can take you!\nIf you have any queries regarding the recruitment process, please email  and a member of our team will be happy to help and will reply within 3 working days (Monday - Friday).\nWhat happens next?\nSubmit your application → Complete the online assessments → If successful, attend the Assessment Centre in March → Receive your outcome.\nAt Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.\nWe're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. 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